Simplify difficult arithmetic using the distributive property. Using easy numbers like 10 and breaking down addition, subtraction, multiplication, and division makes questions much easier to handle. Additionally, when you are stuck on certain questions you can plug in the answer choices for variables and see if the statements hold true. However, while swapping variables with numbers is easier to prove that there are insufficiencies for data, but it may make more sense to backsolve for problem solving questions.

On the off chance that you experience two variables on an information adequacy issue, you will require two equations to solve it. You can gather data sufficiency questions by working deliberately through the appropriate response decisions, and recall that you don’t generally need to tackle or “do out” an intricate condition to demonstrate adequacy. Keep away from traps by recollecting that positive squares can have positive or negative square roots, and by not assuming a number is a whole number except if told. …


Looking to boost your score in the GMAT Verbal Section? Here are a brief set of guidelines to follow when starting out!

Critical reasoning inclines the reader to read the question BEFORE the argument. By doing so, readers are capable of discerning the topic in play prior to reading the argument and do what is necessary (i.e. weakening the argument or making inferences).

Unlike the SAT or ACT where this may vary according to test taker preference, it is strongly suggested that takers read the PASSAGE first for the GMAT. This is the preferable strategy as not only can are the readers forced to understand all details in the passage (rather than subconsciously disregard those not pertinent to the question), but readers are also capable of answering all questions in a timely manner without switching back and forth. …


1.Use Online GMAT Forums to Study the Intricacies of Questions

For any challenging problem which you have trouble finding an answer to, never just move on. Even if you guessed it right, always search the problem up in the active and broader GMAT community. Consult either GMAT software or books for a comprehensive analysis, or feel free to seek online forums in GMAT Club or Manhattan Prep’s GMAT forum, both of which provide reliable answers for thousands of questions.

2. Time Yourself and Limit Accordingly

The rule of thumb on the GMAT, is to never take longer than two and a half minutes per question., MOre often than not, particularly in the quantitative section, challenging questions may force you to use up even three minutes, which is exactly why it is SO important to be efficient in the rest of the test. …


October 13, 2016

Sean Go

In a previous article, we covered how NOT to dress in investment banking / finance interviews. Today we cover what you can wear to these interviews.


In investing, it is often challenging to make decisions very objectively. Here are 3 common behavioral economics phenomena that affect people, whether they realize it or not.

Pattern Seeking: Pattern seeking refers to the bias that we have when we seek out patterns that confirm our initial hypothesis. For example if you were to spot the rule in the following sequence “2,4,6” and initially gave the hypothesis numbers by go up by 2, you will confirm your hypothesis if you see another sequence 8,10,12. But maybe the rule could have just been “any 3 ascending numbers.”

Incomplete Memories/Recency Bias: This refers to the tendency for us to base our most recent events, or what the information that is most accessible to us the most a greater weighting when evaluating decisions. Our biological nature only allows us to remember the past in a limited capacity, as witnessed by our class not being able to recall our lunches the week before. In the example in lecture, investors also base their decisions more based on the emotional retrievability of an event. For example, many of the investors who suffered huge losses in the financial crisis were quick to remember these losses, even if on aggregate their returns were still positive. This is most likely due to the gradual positive earnings compared to the sudden negative drop. …


Over the years, private equity buyout funds outperformed public markets in all major regions over longer time horizons. Both the number of buyout funds and the value of buyout capital sought were up in 2015. Finally, positive cash flow from distributions supported new PE buyout fund commitments in all major regions. The trends outlined are a direct function of value creation by private equity funds. Some of the strategies for value creation are outlined below.

Transparency: the solution to asymmetric information


An MBA is a great way to boost your career. However, getting into a top 20 program is not easy. One has to face a number of obstacles from acing the GMAT to developing the right amount of work experience. For candidates who may be lacking in some components of the application, here are some tips that will help differentiate and strengthen your candidacy for an MBA.


Cornell is an Ivy league with a broad range of courses all highly ranked — from the business school to architecture — you cannot go wrong with Cornell!

Here is an essay I wrote a few years back to receive admissions from Cornell:

From childhood to high school, I have been engaged in activities relevant to Urban Studies: developing a Star Wars model empire, enrolling in International Baccalaureate (IB) Higher Level Geography, and travelling all over the globe.

As a young boy, I created the Star Wars universe in my room by building numerous Lego empires, allocating spaces in my room to the multitudes of Star Wars planets — Dagobah, Tatooine, and Hoth, to name a few. My favorite part of this pastime was planning the creation of the distinct planet environments by using realistic ornaments to complement the rectangular Lego blocks. I bought Japanese bonsais to imitate the forest setting of Dagobah; I designed Tatooine using sand, pipes, and other metal scrap. I also used flattened cotton balls and instant snow powder to create the distinct icy terrain of Hoth. …


Sean Go

Over the past years, many anxious pre-business students at UC Berkeley have wondered how to best approach the Haas School of Business’ undergraduate application essay. As with many undergraduate institutions like NYU and University of Michigan, UC Berkeley restricts admissions to its business school to maintain selectivity, and has students undergo a rigorous application in order to carefully craft its class size. The following essay is a successful one that one of our mentors submitted to Haas. …


9:30 am — Arrive to work and head straight to the break room in order to pick up a couple breakfast burritos and an OJ. Hang up my suit jacket and proceed to fist-bump my fellow interns

10:00 am — Check my email, listen to endless voicemails, and log-on Bloomberg Terminal to check the news and performance of my clients

11:25 am — Associate slams me on a couple pitches, I decide to begin with a firepower analysis for a buy-side client. …

About

GoFurther Careers and Education Partners

High-quality and affordable career coaching for banking and finance. Premium educational consulting for college, masters, and PhD applications.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store